Income Archive

Migration Winners of 2014

When a household chooses where to live, it is said that it has already chosen a set of local public goods (schools, parks, and public safety) and a set of taxes to finance the public goods. Based on theories...

November 2015 Housing Affordability Index

In spite of higher prices, housing affordability is down only slightly from a year ago as lower mortgage rates and higher incomes almost offset higher home prices. Housing affordability declined slightly (2.6 percent), from a year ago in November...

Latest Personal Spending and Income (September 2015)

Personal income barely rose in September but was comfortably higher from one year ago. Consumer spending is therefore rising. The economy is in a reasonably good shape as it goes into a cycle of rising income leading to more...

Net Operating Income Increases in 48 Percent of REALTOR® Commercial Markets

Commercial fundamentals continued on an upward trend in the first quarter 2015, despite a slumping economy, however the pace moderated. Net absorption rose across the property types, driving rents higher. As employment gains are expected to continue into 2015,...

Accelerating Housing Costs Has Renters Feeling the Squeeze

The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises according to new research by the National Association of Realtors®....